Following is Chapter 5, REALLOCATION, of the Procard User Guide.
There are five chapters in all. The link to the online User Guide is provided to all prospective cardholders at training. For additional details, please contact the Procard Manager in
the Procurement Department at 545-1748.

Overview

The Procard Reallocation Program allows Procard users (or their designees)
to have some control over which funding account is charged for Procard purchases.
When the University sets up a new Procard, we tie the expenses
to a funding account against which the Cardholders Account Administrator
has indicated purchases should be charged. Each time a purchase is made with
the card, the bank sends the University a record showing the amount of the purchase,
the card number, the merchant, and other information about the transaction.

Unfortunately, there can be only one account (budget) associated with each
procurement card. From time to time, a purchase made with a
Procard needs to be charged to an account other than the card account.
And, sometimes it may be appropriate to split a particular purchase
and charge parts of it to more than one account. The Procard
Reallocation Program was created to allow this to happen.

Each purchase transaction is automatically allocated to the card account and
is then available for reallocation for a period of time. Usually, this will
be 30 days from the date the bank sent the University the record of the purchase.
An authorized user may use the Procard Reconciliation Panels on the Finance
System to move all or part of the charge from the Speed Chart/Account Code to
other valid UMass Speed Chart/Account Codes for which the reallocator has authorization
to access.

Journal entries are created to reduce
the balance in the funding account by the amount of the purchase following the "30" day window allowed for reallocation, or when a charge is reallocated and/or approved during the reallocation period.

Each person who wishes to use the Procard reconciliation system must have authorization
to access the records of the credit cards for which they are authorized to reallocate,
and security access on the Finance System to the reconciliation panels. for
the budget areas that they are allowed to use. The Procard Manager in the Procurement
Department maintains the access to the cards and provides training for this
process. The Campus Security Administrator in Administrative Systems for A&F
manages the security access on the Finance system. Please contact the Procard
Manager in the Procurement Department for instructions on how to become an authorized
reallocator.

Reallocation Procedures -

Follow the steps detailed in the Procard Reallocation Job Aid found at - Reallocate
Procard

Please direct any questions that you might have concerning the reallocation
process to the Procard Manager in the Procurement Department at 545-1748.